Supremex Inc T.SXP

Alternate Symbol(s): SUMXF

Forest Products Paper & Paper Products

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates through two segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. It also manufactures and distributes a diverse range of packaging and specialty products, including high-end quality folding carton packaging and e-commerce fulfillment packaging solutions. Its other packaging and specialty products include the Conformer Products, labels, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates 10 manufacturing facilities across four provinces in Canada and six manufacturing facilities in four states in the United States.

TSX:SXP - Post by User

Supremex Inc > Q3 2021 Results

<< Previous

Bullboard Posts

Next >>

Comment by HermannHalleron Nov 12, 2021 9:02am

127 Views

Post# 34118810

RE:RE:Q3 2021 Results

They have 12 facilities in Canada, and three in the US...and you think they can't pay a dividend for a long time because rent is going to be higher for one location?

divime1 wrote: Solid results but we won't be seeing a dividend for a long time .

" In the second quarter of 2022, the Company will move its folding carton plant in Town Mount Royal, Quebec to an alternative location necessitated by the expropriation of its current facility for the Royalmount project. The Company will incur one-time costs for the move, which will be largely recorded in the first two quarters of 2022. In addition, the Company expects its new rent to exceed what it is currently paying.